Current Attention Progress the estimated sale s de 1000 hours and the w or1100 housinthe Thet h besed Concord Corporation purchased a depreciable asset for for depreciation. What is the depreciation expense on this asset $65650 $59070 $53700 $537000 Current Attempt in Progress Sheffield Corp purchased a truck at the beginning of 2017 for $110500. The truck is estimated to have a salvage value of $4300 and a useful life of 118000 miles. It was driven 18000 miles in 2017 and 25000 miles in 2018. What is the depreciation for 2018 123295 $100 $39600 $23000